The ‘belt and Road’ Initiative Promotes the Recovery and Development of the Shipping Industry

The ‘belt and Road’ Initiative Promotes the Recovery and Development of the Shipping Industry

The Belt and Road Initiative has created new development opportunities for the global shipping industry, promoting infrastructure connectivity and enhancing international trade ties. The growth of agricultural development and cold chain logistics has energized the shipping sector. Additionally, Guangzhou, as a key shipping hub, is continuously enhancing its port logistics capabilities while actively planning for future development.

07/21/2025 Logistics
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Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Deep Dive Into International Trade Terms Understanding The Importance Of Incoterms In Global Transactions

Incoterms® are standard terms used in international trade that define the obligations, costs, and risks associated with the delivery of goods for both sellers and buyers. This article provides an in-depth exploration of the current Incoterms® 2020 version, explaining its applicable terms and significance. Understanding these terms helps businesses conduct transactions efficiently and accurately in the international market.

07/24/2025 Logistics Encyclopedia
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The Hague Protocol An Analysis of New Standards and Rules in International Air Transport

The Hague Protocol An Analysis of New Standards and Rules in International Air Transport

The Hague Protocol, as a significant amendment to the Warsaw Convention of 1955, clarified the regulations governing international air transport. It established clearer standards for passenger tickets, baggage tickets, and cargo transportation, holding carriers accountable for errors in information provided by shippers. This marked a modernization of the air transport industry and strengthened the protection of the rights of all parties involved in transportation.

07/28/2025 Logistics Encyclopedia
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